DraganflyDPRO -3.44%58 Net-Net Working Capital is $2.92 as of Mar. 2026. GuruFocus rates DPRO with a GF Score™ of 58/100 and a GF Value™ of $1.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,222 Hardware companies, Draganfly ranks better than 90.92% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Draganfly's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $2.92.
The industry rank for Draganfly's Net-Net Working Capital or its related term are showing as below:
DPRO's Price-to-Net-Net-Working-Capital is ranked better than 90.92% of 1222
companies
in the Hardware industry
Industry Median: 9.265
vs DPRO: 1.63
Draganfly (NAS:DPRO) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Draganfly Net-Net Working Capital Related Terms
Draganfly Net-Net Working Capital Historical Data
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The historical data trend for Draganfly's Net-Net Working Capital can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DPRO vs SNDK, DELL, STX: Net-Net Working Capital Comparison
For the Computer Hardware subindustry, Draganfly's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Draganfly Price-to-Net-Net-Working-Capital vs Hardware Industry
For the Hardware industry and Technology sector, Draganfly's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Draganfly's Price-to-Net-Net-Working-Capital falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of $2.92 mean?
Draganfly (DPRO) has a Net-Net Working Capital of $2.92 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Draganfly According to the industry distribution chart, Draganfly ranks #111 out of 1222 companies in the Hardware industry, placing it in the top 9.1%.
Is Draganfly's Net-Net Working Capital too high?
Draganfly's current Net-Net Working Capital is $2.92. The Hardware industry median Net-Net Working Capital is 9.27. Draganfly's value of $2.92 is 68.5% below this industry median. Based on the distribution chart, Draganfly ranks #111 out of 1222 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Draganfly has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Draganfly's Net-Net Working Capital compare to SNDK and DELL?
According to the Hardware industry distribution chart, Draganfly ranks #111 out of 1222 companies for Net-Net Working Capital. This places Draganfly in the top 9% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 9.27. Draganfly's value of $2.92 is 68.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.27, based on 1,222 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Draganfly's current Net-Net Working Capital of $2.92 is 68.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Draganfly For the Hardware industry, the median Net-Net Working Capital is 9.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draganfly's current Net-Net Working Capital is $2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly stock overvalued right now?
Based on GuruFocus' analysis, Draganfly (DPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.16, compared to a current price of $4.62 — trading 297.9% above its estimated fair value. The current Net-Net Working Capital is $2.92 and 68.5% below the Hardware industry median of 9.27. Draganfly's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Draganfly (DPRO), the current Net-Net Working Capital is $2.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Draganfly (DPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Draganfly stock appears to be overvalued.
The current stock price of $4.62 is trading 297.9% above its estimated GF Value™ of $1.16.
GuruFocus considers Draganfly to be Significantly Overvalued.
Key valuation signals for DPRO:
Net-Net Working Capital: $2.92
GF Value™: $1.16 vs. price of $4.62 (297.9% above fair value)
Industry Position: 68.5% below the Hardware median (#111 of 1222)
No single metric tells the full story. See the DPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Draganfly Inc is a Canada based company. It is engaged in the provision of engineering services and the manufacture of commercial unmanned vehicle systems and software. The company operates in Canada, the United States, and Internationally. The two segments are Drones, and Corporate. The Drones segment derives its revenue from products and services related to the sale of unmanned aerial vehicles (UAV). The Corporate segment includes all costs not directly associated with the Drone and Vital segments. It generates majority of its revenue from Drones segment.
58GF Score
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